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now, delaware attorney general beau biden whose father vice president joe biden is leading the new task force and los angeles mayor and the current president of the u.s. conference of mayors and a member of the mayors against illegal guns and also joining the conversation is congressman john yarmouth of kentucky. stand by. the nra started the press conference. >> i welcome you here this morning for the purposes of beginning our discussion of the topic that's been on the minds of american parents across this country. that is what do we do about the tragedies of the sort that struck in newtown, connecticut to avoid such events in the future? like most americans, we were shocked by what happened. like all americans, we have been discussing all of the various options that are available to protect our children and at this point we would like to share our thinking with you. for that purpose i would like to introduce wayne la pierre, our executive vice president. thank you for being with us. at the end of this conference we will not be taking questions but next week we will be available t
in 2013. phil lebeau has the report. >>> how about housing? what a story housing has been this year. a milestone. home prices on track for their first year-over-year gain since 2006. is the worst finally over? some say yes, others say no. what does michelle caruso-cabrera say. >> tyler, let's drill down to the numbers you were talking about. only four hours to go until america goes over the fiscal cliff. the dow jones industrial average down 113 points. had been down 148 points. look at that as we come on the air back above 13,000 level, not by much. the nasdaq, the biggest decline. 33 points. below 3,000 now at 2957. actually, hasn't been below 3,000 before that. s&p lower by 14 points. a decline of 1%. 1405 so holding onto the 1400 level. president obama is back at the white house. all eyes are on senate lawmakers now. amam jabbers is in washington. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's gues
months starting with the automaker purchasing 200 million shares by the end of this month. phil lebeau has more. >> carl, you can almost hear the sighs of relief coming from the gm headquarters in detroit. they have been calling for this for some time. here's what's going to be happening. you mentioned that the government is going to be exiting general motors, not happening all immediately. it's going to take some time, 12 to 15 months. they're going to do a dribbleout is what they're saying. gm is purchasing 200 million shares from treasury at $27.50 a share, about $5.5 billion. and treasury will sell the remaining 300 million shares through various means. that disposition, as we mentioned, earlier we heard from the head of the t.a.r.p. program, they're going to be starting to eliminate the gm shares in january of next year. so starting next month. remember, treasury originally invested $49.5 billion in general motors back in 2008 and 2009. and if we take a look at shares of gm going back to the ipo, remember, the ipo price was $33 a share. for the government to have fully made back a
, netflix's deal with disney. is it really a game changer? phil lebeau and julia boorstin all over those big stories. phil, you first. >> sue, right now as we speak a technical team from boeing is in new orleans looking at that dreamliner after the emergency landing. we'll have the latest in just a bit. >>> but first out to julia in los angeles. >> netflix says the company is taking a big step forward. we'll tell you how and how much it is worth after the break. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the he
blizzard warnings between dakotas and wisconsin. saw the snow over lamb beau field if you caught the game. in minnesota some places have seen 17 inches of snow. wind gusts have also topped 40 miles per hour, prompting airlines to cancel scores of flights. here in our area, it is getting warmer outside. but that warm air also bringing some rain along with it. here is storm team 4 meteorologist, chuck bell and a first look at the forecast. good morning, chuck. >> good morning, jim you. saw the picture. live picture from the front lawn, channel 4. upper northwest washington. it is pea soup thick fog outside. in many spots. most rainshowers moved to the eastern shore. still going to see grazing of showers across southern maryland. bulk of the rain is back out to the west. making a slow but steady approach in our direction. it will rain on you on monday. maybe, twice. current visibility now well under a mile around town. could make for slow-going tomorrow morning. bus stop weather will be mild. but, wet with a chance of patchy fog and patchy rain drops. upper 40s to mid 50s. more on the rest o
of buys. we'll tell you what's going on next. phil lebeau talks about virgin atlantic. and we'll talk aig. >> absolutely. >> one more look at futures. more "squawk on the street" in a minute. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. governor of getting it done. you know how to dance... with a deadline. and from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> the government's now planning to sell the remaining stake in the insurance giant. they'll be sold at $32.50 each, representing 16% of outstanding aig shares. the sale expected to total about $7.6 billion. treasury and federal reserve will e
beau of two years. the 46-year-old superstar who once took great pride in calling herself ms. jackson. >> my first name ain't baby. it's janet. ms. jackson, if you're nasty. >> reporter: is about7újñ to be a missus for the third time. "us weekly" is reporting that the lucky groom-to-be is the qatari-born billionaire wissam al mana. he reportedly gave janet a huge ring over the summer, which she keeps locked up so she won't lose it. the couple is set to marry this spring in a lavish ceremony in qatar. >> they're going to fly in all their family and friends. >> reporter: that's going to cost a pretty penny. the youngest member of the jackson singing dynasty has 7 siblings and 20 nieces and nephews. whether all of the talented but combative family attends is yet to be seen. the pair have been dating since 2010. she hinted at the relationship to robin roberts. >> he's a very private man. so, i don't talk about our relationship. but i think -- i really think it's important that i just say this. they've been trying to marry me off for a very, very long time. >> reporter: jackson, who said
, not even a mouse. >> first lady michelle obama was accompanied by first dog, beau as she read "a visit from saint nicholas" earlier this month. that poem was originally published on this day back in 1823. he reportedly wrote it for his kids a year earlier and then a family friend submitted it. it spread as it was reprinted in other newspapers nationwide. the poem has been reprinted any number of times in the past 189 years. a reworked was published to remove the references to santa smoking. >>> on the weekend before christmas we have the story of jack the bikeman. he is a guy who took a simple idea and made it into an annual christmas miracle. >> feel like a kid again. >> oh, yeah. >> reporter: remember the first time riding a bike? jack sure does. >> it was freedom. i was out of that crazy house that i was born into. and i was in an open world and i had control of the bike and it was wonderful. >> reporter: you could call him santa known as jack the bikeman. every year throughout the year he and his volunteers, some strikingly santa like -- >> can i pull on this? is it real? >> i guess it
cars few in the industry have ever seen. phil lebeau is in chicago. i guess essentially, phil, the europeans are taking a leap out of the americans' book. they used to scoff that the american automakers would offer. now it's par for the course. >> especially in december. it used to be lexus, but mercedes-benz was looking for offers in november. this is an increase compared to october, up 42% for bmw, 26% for mercedes, lexus up 3%. what's going on here? let's start with bmw. their holiday deals now include up to five months of no payments. that's the kind of stuff you used to hear from chevy or from ford. by the way, bmw sales surged 45% last month. mercedes leads bmw year-to-date by just under 1,900 vehicles. it last led the u.s. luxury sales in '99. it really wants the title again. at the core of what's happening between these two german automakers, they need strong sufficient sales to offset the weakness they're seeing in europe. that's why their production has been ramped up here at their facilities in the u.s. bmw announced it's on pace to set global sales of more than 1.7
! >>> welcome back to "squawk on the street." i'm phil lebeau with breaking news regarding boeing and the 787 dreamliner. there has been a second dreamliner that has run into problems, once delivered into service, this one solving a cutter airway 787 on delivery from the united states to london. just a few days ago. it has been grounded in london. according to the ceo of cutter qatar airways, he says that the airplane developed a generator failure while in flight. now, it was not an emergency landing but a generator failure is what he says. we've talked with boeing this morning. they say they are aware of the issue. they're not sure it was a generator that failed on the qatar airways 787, but the significance of this is remember on december 4th, it was a united 787 that had to make an emergency landing in new orleans because one of the generators failed on that airplane. there are six on these airplanes. and remember, the 787 was designed to use six generators, electric power so that near nth not using power from the engines, part of the fuel efficiency that goes into the planes. the question
from phil lebeau later this morning, but a fine for allegedly failing to report safety defects in a timely manner required by law. not the first time this has happened. it's the fourth fine in the past two years. automaker does not admit or deny guilt. but there's a look at shares a little bit higher this morning. >> let's check with bob pisani on the floor with more. good morning, bob. >> hello, guys. happy tuesday. of course, we saw a little bit of the drop in futures when corker came out and said we're not close to a deal. by and large, we're still positive here today. that's because everybody knows that a deal of some kind is coming. the president's offer is getting closer to the gop offer. the republicans are meeting this morning, no doubt they'll squawk and scream. ultimately the street believes some kind of deal is coming here. the big issue is the post-fiscal cliff trade. that's what everybody's trying to figure out. that's where there's a lot of differences of opinion. by and large it's been a strong argument to buy going into the fiscal cliff and sell after that, the
with constant job openings and no one to fill those positions. cnbc's phil lebeau joins us with more on that story. phil, good morning. >> good morning. we're just outside chicago, start of the first shift here. this is where they make components like this that will go to the aerospace and electronics industries. they have 10 to 12 openings here and this is a story that we're hearing throughout the manufacturing base in the united states. take a look at how many manufacturing openings have been created over the last three years. it's gone from essentially 90,000 up to 247,000. some of those openings they seem like they're permanently open. we went down to metal technologies an auto parts supplier just out of bloomington, indiana, they have five to seven jobs they're ready to fill but they can't fill. in fact, they've had situations where they've had applicants come in, they've hired them and then the people who have been hired have said, do you know what, no thanks, i'd rather stay unemployed. >> we've had people that we've interviewed, that we've agreed to hire, and at the end of th
Search Results 0 to 12 of about 13 (some duplicates have been removed)